Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: HTX against Hyperliquid−0.176%48s7-day average −0.145% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1071.067% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.176%, 7d avg −0.145%
=Together, before fees+0.005%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.031% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.145%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ORDI | 4.9377 | 0.0100 | pay 0.0013% / 1h | 56m 28s | $710K | $661K | 3x |
| Short | HTX ORDI-USDT | 4.9290 | 0.0100 | get 0.0050% / 4h | 3h 56m | $82K | $410K | 75x |
Hyperliquid ORDI
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.176% → −0.145%
- −$3.13
- Slippage, 4 orders
- −$85.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$109.87
- Costs to cover
- 1.067%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 33 min ago; HTX: live order book, 62 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 33 min ago | 0.71 bp | 18.2 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 62 min ago | 13.42 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0570% | 1h | 4.9219 | −0.320% | $72K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9294 | −0.168% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.751% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDIlong | +0.0100% | 1h | 4.9377 | long leg | $710K | $661K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9318 | −0.120% | $14K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9325 | −0.104% | $10.1M | $33.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9260 | −0.237% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9280 | −0.196% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9310 | −0.136% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9290 | −0.176% | $6.9M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9294 | −0.168% | $983K | $855K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9310 | −0.136% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9270 | −0.217% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9171 | −0.416% | $24K | $43K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9250 | −0.257% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.9290 | −0.176% | $82K | $410K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9307 | −0.142% | $3K | $185K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.9290 | −0.176% | $607K | $308K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9300 | −0.156% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]